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Rise of wealthy eases off.

Europe Intelligence Wire

| July 31, 2003 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Irish Independent)

THE number of high net worth individuals in Ireland failed to rise last year, according to anew report.

High net worth individuals are defined as people with assets of at least $1m, excludingproperty assets.

The Cap Gemini Ernst & Young and Merrill Lynch 2003 World Wealth Report found therewere 15,000 high net worth individuals in Ireland last year. This was roughly the samenumber as the year before.

The tapering-off of Irish wealth levels contrasts …

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